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November 22, 2024
 

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Kevin Rafferty
COMMENTARY / World
Nov 29, 2011
What will wake politicians to threat of climate change?
As ordinary people try to cope with inflation and unemployment, and businesses struggle with higher taxes and falling demand — since consumers are scared to spend — few politicians are looking at life beyond the economic crises.
COMMENTARY / World
Nov 23, 2011
Chilling U.S.-China relations
U.S. President Barack Obama and Australian Prime Minister Julia Gillard's decision to deploy U.S. Marines to northern Australia close to Asia and the angry riposte from China show how relations between the world's superpower and the once and future great power have cooled to the point where it should...
COMMENTARY / World
Nov 4, 2011
Taxation alone won't save Japan from its public debts
Jun Azumi has joined the chorus of those promising the imminent prospect of a rise in Japan's consumption tax. As finance minister, one would think — hope, perhaps pray — that Azumi should know what he is talking about.
COMMENTARY / World
Nov 1, 2011
Wall Street mans the barricades
In spite of the current economic turmoil, some Americans do not have any problems with jobs, money or housing. Indeed, Houston oil executive John Schiller built a new Cape Cod house for just $50,000 a couple of years ago. A bargain, you might think, except that this was a play-house for his four-year-old...
COMMENTARY / World
Oct 18, 2011
The EU's clean-air turbulence
Passengers flying to and from Europe face higher fares from next year, and anyone flying to Japan or Asia will pay sharply more than those staying within Europe or going to the Middle East, thanks to new rules from the European Union in pursuit of an oxymoron, making air travel environmentally friendly....
COMMENTARY / World
Oct 13, 2011
Jobs leaves questions behind
Steve Jobs of Apple Inc. deserves praise as a remarkable radical thinker and businessman who made path-breaking innovations to transform modern life, from the Mac computer to the smart — both in looks and in performance — iPhone, iPod and iPad. But I would like to raise some deliberately jarring...
COMMENTARY / World
Oct 12, 2011
Missing the boat to Myanmar
Where is Prime Minister Yoshihiko Noda's foreign policy? A neighboring country that has suffered years of isolation and plunder by the misruling junta may be signaling that it wants to come in from the cold. Japan, which could offer the greatest help, seems to be asleep to the opportunity.
COMMENTARY / World
Oct 7, 2011
Battle line over the renminbi
Talk of a new "trade war" over the allegedly undervalued Chinese currency is yet again echoing through the corridors of power in Washington. The U.S. Senate seems determined to pass a bill penalizing China for manipulating the renminbi to keep its value artificially low. Beijing has responded by "regretting"...
COMMENTARY / World
Sep 29, 2011
The real financial rogues
The story of the latest "rogue trader" who allegedly cost his Swiss employer $2.3 billion in fraudulent trading is a marvelous one, especially since the alleged rogue, Kweku Adoboli, was praying on his Facebook page for a miracle more than a week before UBS realized that a large pot of its money had...
COMMENTARY / World
Sep 26, 2011
Is Obama worried about work yet?
Beleaguered President Barack Obama has come out fighting with two recent speeches focused on America's high unemployment rate. First, he gave an address to both houses of Congress, which is now being nicknamed the "jobs-jobs-jobs" speech, because Obama mentioned the word 37 times in 32 minutes. Then,...
COMMENTARY / World
Sep 21, 2011
Game show challenge in India
India's government survived a challenge last month from an unexpected source, a frail 74-year-old former army driver with no formal political power base, who nevertheless brought the powerful politicians to their knees with his campaign against corruption.
COMMENTARY / World
Sep 19, 2011
China's historic rise (or slowdown)
Is China on the brink of eclipsing the United States as the world's economic megapower, with the yuan taking over from the dollar as the global currency, and China able to exercise financial, military and political hegemony?
COMMENTARY / World
Sep 7, 2011
Shockwaves from the West
A nervous calm has returned to the streets of England after last month's widespread riots, arson and looting across London and other cities sent shockwaves around the world. As far away as Japan people were asking if Britain was safe any more, and one German politician suggested moving next year's Olympic...
COMMENTARY / World
Sep 7, 2011
Taking aim at foreigners' blinkered views on doing business in China
Fraser Howie is scathing about foreigners' blinkered views, particularly those of his financial colleagues who believe they are God's gift to a reforming China. "Some of the management of these top firms genuinely believe that China is reforming and say 'we will be in there and China needs us.'
COMMENTARY / World
Sep 7, 2011
Is China's economic miracle a mirage?
Doubts are beginning to be heard about how sustainable is China's economic miracle, particularly the relentless emphasis on exports and investment spending by hundreds of state-owned enterprises (SOEs) and local governments. Beijing, of course, has its supporters, including banker turned academic Stephen...
COMMENTARY / World
Sep 5, 2011
Japan in a European club?
Hitherto unknown and self-styled "loach" Yoshihiko Noda must learn to swim in an ocean of problems as Japan's new prime minister of the year. He has more than a plateful of domestic issues, but he should also realize, as his predecessors forgot, that Japan needs to re-engage the world if it is to find...
COMMENTARY / World
Aug 22, 2011
Apple core of capitalism
For a few hours this month Apple, once regarded as a maverick upstart company, became the world's biggest company by stock market capitalization, until Exxon Mobil again seized the title.
COMMENTARY / World
Aug 18, 2011
Obama risks 'junk status'
Standard & Poor's controversial decision to downgrade the credit rating of the United States from AAA to AA-plus brought an instant angry riposte from President Barack Obama that "We've always been and always will be a Triple-A country."
COMMENTARY / World
Aug 12, 2011
Ireland excoriates Vatican over new reports of abuse
In my first few days as editor of The Universe, the leading English-language Catholic newspaper, I had a long conversation with the monsignor who was a member of the board, an adviser to the Cardinal Archbishop of Westminster, and who wrote a religious "Agony Aunt" column for us.
COMMENTARY / World
Aug 8, 2011
Debt deal reveals empty toolbox
When President Barack Obama signed into law the bill increasing the debt ceiling to $16.7 trillion, Americans might have breathed a sigh of relief that the danger of default is over — for now (and probably until spring 2013).
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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